Mercy Health Plans Inc
- Assets
- $0.0
- Revenue
- $109.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 11/2019
- Data as of
- 04/2022
- EIN
- 32-0486150
Organization Overview
Mercy Health Plans Inc is located in Springfield, MO. The organization was established in 2019. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Health Plans Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 04/2022, Mercy Health Plans Inc generated $109.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (68.7%) each year. All expenses for the organization totaled $40.0 during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (81.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS THE SISTERS OF MERCY BEFORE US, WE BRING TO LIFE THE HEALING MINISTRY OF JESUS THROUGH OUR COMPASSIONATE CARE AND EXCEPTIONAL SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION, IN COMMITMENT TO THE GOSPEL AND IN SERVICE TO THE NEEDS OF PEOPLE, EXISTS TO ADVANCE THE MISSION AND VALUES OF MERCY HEALTH BY CREATING BENEFIT PLANS THAT LINK COMMUNITIES TO A HIGH QUALITY, PREFERRED HEALTH CARE NETWORK; BY ACCEPTING RISK, RESPONSIBILITY AND ACCOUNTABILITY FOR THE HEALTH STATUS, TREATMENT OUTCOMES AND COST EFFECTIVENESS OF CARE; BY TAKING RESPONSIBILITY FOR CONTRIBUTING TO THE LARGER COMMUNITY'S HEALTH AND WELL-BEING; AND BY OPERATING IN A MANNER THAT STEWARDS NEEDED RESOURCES, DEMONSTRATES VALUE AND TREATS ALL INDIVIDUALS WITH DIGNITY AND RESPECT. MERCY HEALTH PLANS, INC. HAS HAD MINIMAL ACTIVITY TO DATE. OPERATIONS CONSIST OF ADMINISTRATIVE COSTS RELATED TO FUTURE PLANS FOR OPERATING MEDICARE ADVANTAGE-PRESCRIPTION DRUG PLANS IN THE FUTURE. MHP CONTINUES TO EVALUATE OPTIONS AND ACTIVELY PLAN FOR FUTURE OPERATIONS.
THE CORPORATION, IN COMMITMENT TO THE GOSPEL AND IN SERVICE TO THE NEEDS OF PEOPLE, EXISTS TO ADVANCE THE MISSION AND VALUES OF MERCY HEALTH BY CREATING BENEFIT PLANS THAT LINK COMMUNITIES TO A HIGH QUALITY, PREFERRED HEALTH CARE NETWORK; BY ACCEPTING RISK, RESPONSIBILITY AND ACCOUNTABILITY FOR THE HEALTH STATUS, TREATMENT OUTCOMES AND COST EFFECTIVENESS OF CARE; BY TAKING RESPONSIBILITY FOR CONTRIBUTING TO THE LARGER COMMUNITY'S HEALTH AND WELL-BEING; AND BY OPERATING IN A MANNER THAT STEWARDS NEEDED RESOURCES, DEMONSTRATES VALUE AND TREATS ALL INDIVIDUALS WITH DIGNITY AND RESPECT. MERCY HEALTH PLANS, INC. HAS HAD MINIMAL ACTIVITY TO DATE AND THIS ENTITY WAS DISSOLVED AS OF 4/1/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michetti Michael COO Mercy Clinic & Bm | Trustee | 0.2 | $0 |
Brown John Exec Dir - Client Strategies | Trustee | 0.2 | $0 |
Reynolds Scott Former Officer | 0.2 | $0 | |
Hennessey William VP Mission & Secretary | OfficerTrustee | 0.2 | $0 |
Clouse Day Sherry CFO Contracted Revenue & Bm | Trustee | 0.2 | $0 |
Asperger Sarah VP Payor Rel Contracting & Pre | OfficerTrustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $240 |
| Total functional expenses | $40 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |